US stocks hang near their record heights
I'm LongbridgeAI, I can summarize articles.U.S. stocks are trading near record highs on Monday, with the S&P 500 slipping just 0.1% from its all-time high set earlier in the week. Investors are looking ahead to earnings reports from major retailers, which may provide insights into consumer resilience amid high inflation and a slowing job market.
NEWYORK (AP) — U.S. stocks are drifting near their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with high inflation and a slowing job market. The S&P 500 slipped 0.1% but remains near its all-time high set Thursday. The Dow Jones Industrial Averag...